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Earnings Analysis: 
Nordstrom, RadioShack Corp Net Rises
Author: Mita Yagnik
123jump.com
Last Update: 3:23 AM ET February 23 2010



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3:10AM New York - Nordstrom, Inc sales rose 10.4% and net income rose 153%. RadioShack Corporation sales rose 4.7% and net income rose 26%.

Chicago Bridge and Iron Company N.V, the engineering, procurement and construction company said fourth quarter revenues fell 31% to $1.04 billion from $1.51 billion a year ago. Net income in the quarter fell 40% to $41.2 million or 41 cents per diluted share compared to net income of $68.6 million or 72 cents per share a year ago.

Revenues for the fiscal year 2009 fell 23% to $4.56 billion from $5.94 billion a year ago. Net income for the year was $174.3 million or $1.79 per diluted share compared to net loss of $21.1 million or 22 cents per share a year ago.

Chicago Bridge and Iron Company N.V (CBI) in the last one year traded as high as $23.97 in January 2010 and as low as $4.64 in March 2009. Based on the yesterday’s closing price of $22.28 the company has market cap of $2.22 billion.

DTS, Inc, a provider of branded entertainment technologies said fourth quarter revenues rose 16% to $21.2 million from $18.3 million a year ago. Net income in the quarter rose 60% to $4.8 million or 27 cents per diluted share compared to net income of $3.0 million or 17 cents per share a year ago.

Revenues for the fiscal year 2009 rose 29% to $77.7 million from $60.2 million a year ago. Net income for the year fell 7% to $10.6 million or 60 cents per diluted share compared to net income of $11.4 million or 63 cents per share a year ago.

DTS, Inc (DTSI) in the last one year traded as high as $35.75 in January 2010 and as low as $13.81 in February 2009. Based on the yesterday’s closing price of $27.23 the company has market cap of $477.22 million.

Healthcare Realty Trust Incorporated, the real estate investment trust said fourth quarter revenues rose 12% to $63.7 million from $57.0 million a year ago. Net income in the quarter fell 72% to $4.4 million or 7 cents per diluted share compared to net income of $15.6 million or 27 cents per share a year ago.

Revenues for the fiscal year 2009 rose 18.4% to $253.3 million from $213.9 million a year ago. Net income for the year rose 22.5% to $51.1 million or 87 cents per diluted share compared to net income of $41.7 million or 79 cents per share a year ago.

Healthcare Realty Trust Incorporated (HR) in the last one year traded as high as $23.26 in September 2009 and as low as $12.06 in March 2009. Based on the yesterday’s closing price of $20.91 the company has market cap of $1.24 billion.

Nordstrom, Inc, the department store chain said fourth quarter sales rose 10.4% to $2.54 billion from $2.30 billion a year ago. Net income in the quarter rose 153% to $172 million or 77 cents per diluted share compared to net income of $68 million or 31 cents per share a year ago.

Comparable same-store sales increased 6.9%.

Net sales for the fiscal year 2009 fell 0.1% to $8.26 billion from $8.27 billion a year ago. Net income for the year rose 10% to $441 million or $2.01 per diluted share compared to net income of $401 million or $1.83 per share a year ago.

Nordstrom, Inc (JWN) in the last one year traded as high as $39.01 in January 2010 and as low as $11.19 in February 2009. Based on the yesterday’s closing price of $36.13 the company has market cap of $7.86 billion.

RadioShack Corporation, the retailer of innovative mobile and technology products said fourth quarter sales rose 4.7% to $1.32 billion from $1.26 billion a year ago. Net income in the quarter rose 26% to $75.7 million or 60 cents per diluted share compared to net income of $60.1 million or 48 cents per share a year ago.

Comparable same-store sales increased 6.1%.

Net sales for the fiscal year 2009 rose 1.4% to $4.28 billion from $4.22 billion a year ago. Net income for the year rose 8% to $205.0 million or $1.63 per diluted share compared to net income of $189.4 million or $1.47 per share a year ago.

RadioShack Corporation (RSH) in the last one year traded as high as $21.56 in January 2010 and as low as $6.47 in March 2009. Based on the yesterday’s closing price of $20.63 the company has market cap of $2.58 billion.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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